Slack and Cyclically Sensitive Inflation
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https://www.nber.org/papers/w25987
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资源简介:
We investigate the flattening Phillips relation by making two departures from standard specifications. First, we measure slack using real activity variables that are bandpass filtered or year-over-year changes in activity (these are similar), instead of gaps. Second, we study the components of
提供机构:
美国国家经济研究局
创建时间:
2019-06-01



